Bajaj Finance Q4 Results 2026 LIVE: Net profit rises 22%, NII grows 20%; declares ₹6 final dividend

Along with its financial performance, the company announced a final dividend of ₹6 per share for FY26, higher than the ₹5.60 dividend payout declared in FY25. It has also fixed 30 June 2026 as the record date to identify eligible shareholders for the dividend payment.

“The Board of Directors has recommended a final dividend of ₹6 per equity share of face value of ₹1 each for FY26. This includes a special payout of ₹0.60 per equity share out of the exceptional gain on the sale of BHFL shares. The previous year’s overall dividend was ₹5.60 per equity share of face value of ₹1 each, adjusted for split and bonus,” the company said in its filing.

Bajaj Finance Q4 Results 2026 LIVE: The company reported a 22% jump in consolidated net profit to ₹5,465 crore, aided by lower provisions and steady lending growth.

In the same period last year, the NBFC had posted a net profit of ₹4,479.57 crore. On a sequential basis, net profit also improved 37.38% from ₹3,977.85 crore reported in the December quarter.

Net interest income (NII), which reflects the difference between interest earned on loans and interest paid on borrowings, rose to ₹11,781 crore in Q4. In the year-ago quarter, the company had reported NII of ₹9,807 crore, reflecting a 20% increase.

Bajaj Finance shares have remained under pressure since hitting a record high of ₹1,102 apiece in October. The stock has so far declined nearly 16% from that level through Wednesday’s close at ₹930 apiece.

During this period, it ended three months in the red, with March marking the steepest monthly decline of 19%. The prolonged fall also dragged the stock to its lowest level since February 2025.

Between December 2024 and October 2025, however, the stock enjoyed a near year-long bull run, delivering a massive gain of 60%.

For the December ending quarter, the company reported a 5.6% decline in consolidated net profit to ₹4,066 crore. In the same period last year, the company had posted a net profit of ₹4,308 crore.

On a sequential basis, net profit fell 18% from ₹4,947 crore in the September quarter.

Net profit was impacted by higher provisions, including an accelerated ECL charge of ₹1,406 crore and a one-time gratuity-related expense of ₹265 crore due to the new labour codes.

Net interest income (NII), which reflects the difference between interest earned on loans and interest paid to depositors, rose to ₹11,318 crore in Q3, up from ₹9,383 crore in the corresponding quarter of the previous year.

Bajaj Finance share price ended 1% higher at ₹932.60 apiece on the BSE ahead of the Q4 results today.

Axis Securities expects Bajaj Finance’s AUM growth at 22% YoY and 5% QoQ, likely owing to slower growth in the SME segment and run-down of captive two two-wheeler portfolio. NIM is expected to remain steady, while credit costs are expected to decline slightly QoQ. Asset quality may remain stable, and movement in the SME portfolio will be keenly eyed. Earnings growth overall to remain healthy. Key monitorables would be commentary on asset quality trends and credit costs, and progress on LRS and growth guidance (revision if any).

According to Bajaj Finance’s March quarter business update, its Assets Under Management (AUM) grew by 22.4% to ₹5.1 lakh crore. The deposit book declined 4% YoY, while new loans booked grew by 20.5% YoY. Customer franchise at the end of the March quarter stood at 119.33 million, increasing by 3.93 million in the previous quarter.

The board of directors of Bajaj Finance will also consider the raising of funds by debt instruments including non-convertible debentures (either Indian Currency / Foreign Currency) as a part of the proposed increase in the overall borrowing limit, subject to approval of the shareholders.

Bajaj Finance share price traded over a percent higher ahead of Q4 results today. The stock has gained 11% in one month and has fallen 4% on a year-to-date (YTD) basis. Bajaj Finance shares have declined 12% in six months, while the stock has rallied 49% in three years and over 70% in five years.

Emkay Global expects Bajaj Finance to report net profit growth of 8.2% YoY at ₹4,919 crore in Q4FY26, upon revenue growth of 17.8% YoY at ₹14,039 crore. Operating profit is estimated to rise 16.4% to ₹9,272 crore, while NIM is expected to fall 41 bps to 11.29%.

Bajaj Finance is expected to report net profit growth of 24% YoY at ₹5,631 crore in Q4FY26, while its net interest income (NII) is estimated to rise 20.7% YoY to ₹11,832 crore, according to Motilal Oswal. It expects margin to decline by 5 bps QoQ to 9.5%.

Bajaj Finance delivered AUM growth of 22% YoY and 5% QoQ. Margin is likely to decline ~5 bps QoQ to ~9.5%. Credit costs (as % of AUM) may decline to ~1.9%. Commentaries on NIM trajectory and credit costs are the key monitorables, said Motilal Oswal.

Bajaj Finance saw steady quarterly growth, with AUM reaching ₹5.1 lakh crore and registering growth of ~5.3% QoQ and 22.4% YoY. Emkay Global expects margin to contract on account of elevated cost of short-term borrowing and some rate-cut benefit being passed on to customers in the floating rate product. PPoP is expected to reach ~ ₹9,300 crore and register 16% YoY growth. It expects credit cost to moderate marginally and hover at ~2%, while overall asset quality would remain robust, with GS3 and NS3 would remain at ~1.2% and 0.5%, respectively.

AUM growth is estimated at 22% YoY and 5% QoQ, likely owing to slower growth in the SME segment and run-down of captive two-wheeler portfolio. Bajaj Finance’s credit costs are expected to decline slightly on a sequential basis and asset quality is seen stable.

Net Interest Income (NII) in the March quarter is expected to grow 21.2% to ₹11,883 crore from ₹9,807 crore, year-on-year (YoY), while Net Interest Margins (NIMs) are likely to remain steady.

The company’s net profit in Q4FY26 is expected to rise 22.8% to ₹5,581 crore from ₹4,546 crore in the year-ago period, according to the estimates by Axis Securities. Pre-Provisions Operating Profit (PPOP) in expected to increase 22.3% to ₹9,745 crore from ₹7,968 crore, YoY.

Bajaj Finance is expected to report strong earnings growth during the fourth quarter of FY26, led by a robust rise in net profit along with steady margins.

Bajaj Finance share price was trading higher on Wednesday ahead of the announcement of Q4 results today. The stock opened marginally higher at ₹924.95 apiece as against its previous close of ₹923.40 apiece on the BSE. Bajaj Finance shares gained as much as 1.14% to ₹934.00 apiece.

The board of directors of Bajaj Finance will also recommend a dividend, if any. The board will also consider the raising of funds by debt instruments including non-convertible debentures (either Indian Currency / Foreign Currency) as a part of the proposed increase in the overall borrowing limit, subject to approval of the shareholders.

Bajaj Finance will announce its Q4 results today. The board of directors of the non-banking finance company (NBFC) is scheduled to meet today, 29 April, Wednesday, to consider the standalone and consolidated audited financial results for the quarter and financial year ended 31 March 2026.